An increase in US interest rates driven by demand shocks engenders a positive spillover to economic activity in the near term.

Bilateral remittance inflows are countercyclical against the business cycle of a remittance-receiving country relative to a sending…

A central bank’s announcement related to the asset purchase program can significantly restore confidence in domestic macroeconomic and…

The outbreak of the COVID -19 virus and the resulting drop in demand are having a severe impact on Asian economies and, by extension,…

This volume examines the experiences of Asia’s micro, small, and medium-sized enterprises (MSMEs) during the first year of the pandemic…

This volume sets out an updated Small and Medium-Sized Enterprise Development Index (SME-DI) that aims to help policy makers in…

This volume focuses on the digitalization of microfinance in Bangladesh to help make finance more affordable for small businesses, and…

While greater investment is needed to support recovery in the wake of the pandemic, the longer-term outlook for economies depends on new…

This report outlines economic prospects in developing Asia amid global turbulence and lingering pandemic risks. It discusses the…

This paper examines the linkage between monetary policy and economic inequalities in the open economy of the Republic of Korea.